To Calculate: Future value . Future Value: It is a value of a present amount on some future date. When present sum increases due to interest rate then that interest plus principle is called as future value. It is calculated by multiplying the future value of rupee 1 to the present value.

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Chapter 1, Problem 2DTM

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Concept Introduction:

To Calculate: Future value.

Future Value: It is a value of a present amount on some future date. When present sum increases due to interest rate then that interest plus principle is called as future value. It is calculated by multiplying the future value of rupee 1 to the present value.

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